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The Economics of the Profit Rate: Competition, Crises and Historical Tendencies in Capitalism (New Directions in Modern Economics Series) - Hardcover

Dumenil, Gerard; Levy, Dominique

 
9781852787608: The Economics of the Profit Rate: Competition, Crises and Historical Tendencies in Capitalism (New Directions in Modern Economics Series)
Hardcover
ISBN 10: 1852787600 ISBN 13: 9781852787608
Verlag: Edward Elgar Publishing Ltd, 1993

Inhaltsangabe

In this important book, Gerard Dumenil and Dominique Levy assess the impact of the profit rate on modern economies, its role in the allocation of resources among industries, its influence on business fluctuations, and its relation to accumulation, technological change and wages.

The Economics of the Profit Rate presents a broad synthesis of recent work and builds on classical theory, using the tools of modern economics, to suggest alternative approaches to conventional microeconomics and macroeconomics. In sharp contrast to the general equilibrium theory, the emphasis is placed on dynamics and the reaction of individual agents to disequilibrium. This impressive book includes an assessment of the history of the US economy in which theoretical and empirical analyses are consistently combined.

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Über die Autorin bzw. den Autor

Gérard Duménil, Director of Research, CNRS, LAREA-CEDRA, University of Paris X-Nanterre and Dominique Lévy, PSE-CNRS, France

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Verlag
Edward Elgar Publishing Ltd
Erscheinungsdatum
1993
Sprache
Englisch
ISBN 10 
1852787600
ISBN 13 
9781852787608
Einband
Gebundene Ausgabe
Anzahl der Seiten
416
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Verantwortliche Person
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